Bitcoin Is About to Explode....Alts Rally Transcript, AI Summary & Key Points

00:02 Welcome back to Cryptos Us. I'm George. We're all George. Welcome to another market open stream. Welcome, or I should say, happy Friday. Bitcoin is sitting idle about to explode, but alts rally. That's right. A lot of alts are in rally mode right now. So, let's talk about what's going on. What's causing this? Why are things still looking green? All right, then we'll do have we'll have a good Q&A.

00:40 All right, let's do it, guys. Let's do it. Welcome, welcome, welcome. So, it's a strange day today. Bitcoin is holding right around 84,000. Yesterday wasn't a great day all around, but we're holding 84,000. But man, a lot of the alts are moving today. Like Soul is back to almost 120, up about 4%. Sooie up 14%. I have no idea why. Um XRP up about 5%.

01:18 So the a lot of the alts are having a very very very good comeback and if you look at the market cap there are just a lot uh quan is up 18 19% is up 14% near is up 14%. So big recovery chain link up about 13%. Yeah, Stellar up 9%. Uh, Canton 12. I mean, yeah, you're just seeing a resurgence with a lot of vaults today, which is really surprising and good in a way.

01:59 We'll take that. Okay. And today could get even better because the US market is opening up in the in the green right now. And green is always good. And that's because of this Iran offers to reopen the Hormuz within seven days and restart nuclear talks, meaning negotiations on on uh on Iran never having nukes basically. So I mean obviously this has been ongoing for quite some time.

02:34 We had a ceasefire and then no ceasefire and then they're kind of like striking again but like not really, you know, I think both sides do want to deal and it it seems like we may get something. We may get something. Something came out yesterday or the day before about how Iran want to get something done before midterms. I don't know why they would care about the US midterms, but but something came out about that.

03:05 I don't know. Hopefully, it's sooner. So, obviously, if there's going to be another deal made, uh it's going to be good. It's the reason why oil is falling once again, right? And we all want that. We want oil to come down. We want gas to come down. We want inflation to come down. And it's just all trickle effect. if the war comes to an end. So hopefully this is the real thing and obviously President Xi is in the US talking to Trump about many things but Iran is one of them right China gets a lot a lot a lot of oil like

03:45 80% I heard of their oil from the hummus not just Iran but just from hummus and right now they're not getting any of that so they obviously want this to be over probably more so than the rest of us. So, yeah, there's that. Uh, and you know what? Yesterday I covered about how bond rates are like the highest in like 20 something years, okay? And they will continue to go up, especially if oil stays elevated and we keep getting more rate hikes.

04:24 So, this is another reason why we want it to come down. We don't want the Fed, we don't want to give the Fed any more reasons to hike rates, right? I didn't know this, but a 30-year mortgage now is up to 7.45%. That is huge. Almost 8% for a 30-year mortgage. And we know that houses have been going up, skyrocketing in prices. So now if you try to get a mortgage, it's going to be very very very expensive and the rates are not helping.

05:02 So yeah, nothing is really helping. The irresponsible spending is not helping. The debt situation, how much we're spending on the war, all these things not helping. The only thing that really helps is to buy assets. How you can protect yourself, how you could opt out of all the shenanigans. Buy assets like Bitcoin, ETH, Soul, XRP, you name it. And that's what uh that's what Wall Street's doing.

05:43 Wall Street continues to buy 191 million for Bitcoin yesterday for ETF inflow, 66 million for uh E33 million for Soul. Soul is really catching up. Uh I don't know why XRP had a big minus. Maybe there's something wrong with that. But yeah, for the rest, pretty darn good. And I saw this too. Look at this. ETF flows turns positive for 2026 after erasing a 5.8 billion deficit.

06:16 So you know all that time when we were outflowing a lot of talk about cap rotation going to tech and AI and I told you guys it would come back. Wall Street just chases the the shinier investments. Okay. And they were chasing tech and AI. Not that they have gone away, but at the time Bitcoin was still coming down. Crypto winter was still in effect and those stocks were skyrocketing, doubling, tripling every few weeks, right?

06:50 So, a lot of money flew out, but now they're realizing maybe we got to come back. Bitcoin and crypto coming back. The potential is limitless and some of those other sectors have slowed down quite a bit. So we've wiped out. So like the first four or five months of this year, we wiped out six billion in terms of ET outflow, which is kind of crazy if you think about it.

07:18 It's really crazy. Uh I bet which is Black Rock's ETF, their volatility sinks to a 12-month low. So right now just no one really wants to sell. People are buying, buying and holding. And I've been saying that's the best strategy. Hold on DCA. That's all you really need to do. You don't really need to worry about anything else, okay? There are things that you can control and things you can't control, okay?

07:46 Like the war and all these other stuff and high inflation. Can't control those things. But you can control whether you hold or panic sell or if you DCA at bottom. Those are things that you can control. Uh stable coin liquidity also turning up. You can see that U-shape recovery. We're like halfway through. Just wait. By the time we get to the peak, that's when all coin seasons here or Bitcoin's back to its top.

08:26 Yep. Yep. Yep. Bitcoin monthly returns, we came down a little bit. We were at like plus 10%. We're still looking pretty good. Plus 8% for Bitcoin. What is ETH? ETH is plus 11%. So, if you look at both, it's it's one of the best, if not the best September for all for all the years that Bitcoin has been around and ETH has been around. So, it's been a pretty good September, but look at October.

08:58 October looks even better. Okay, mostly green for October. So, we got a week left and I'm looking forward to it. I'm looking for this month to close strong in green. Then we have another strong month. If you think about we have another strong month on top of this month, we're back to we're pretty much back to high 90s, mid to high 90s. We're right there to six figures.

09:36 If we break through 100,000 by midterms, going to be absolutely fantastic. That sets the stage for a huge recovery in the last month. You think about it. Looking good. Looking good. All right. What else? What else? Bitcoin top the key long-term moving average. We we've been hearing and I've been showing a lot of charts about Bitcoin breaking through a lot of these metrics, these these technical indicators, right?

10:18 Like moving averages like the 50 breaking the 50 week, right? Here's one that's the was it a 365day moving average. I I don't know the difference between this one and the the other one, but there are a lot of moving averages. We have formed a a bullish cross, a golden cross as well. So, I mean, what you take from all these is basically we're we're in recovery mode.

10:51 Okay, we're in full recovery mode. There's there's like no doubt about it. There were a lot of people that were still thinking that we were going to crash down again and make a new low. That's just off the table at this point. Unless something disastrous happened, every single thing that we have from a technical standpoint, from a onchain metric perspective, I mean, if you look at the everything in totality, and we've been through a lot of these cycles before, even though every cycle is different, they tend to rhyme.

11:22 And you put it all together, we're in recovery mode. It's just that simple. Here, here's another one, right? Showing us breaking through. I'm not even sure what this is. The one of these that he has opened, the SMA 30 on the weekly. Here's another one of those moving averages that we have broken above. Okay. And it doesn't happen very often. It happens when you recover and the last time was like back in 2022.

12:00 So things are looking good, really good. This is an exciting time and I'm looking forward to the remaining months of this year could be explosive. All right. Outside of these things, what else? Uh, unfortunately, a couple of bad things. Uh, no, not not this is not the bad thing I wanted to say. Uh, this so unfortunately we have another hack bit, which is actually pretty pretty big exchange.

12:42 They got hacked for $352 million. Okay. No good. No good. She did a stream try to address things and uh she says that they have Gracie uh I actually met her uh when I was filming Killer Whales. Uh she said they had a user protection fund of 464 million. So even though they lost 352, they go try to recoup it. They're fine. User user funds are fine. Their cold wallets are not affected.

13:14 is just hot wallets. But still, that's a large amount, man. That's that's more than a quarter of a billion dollars. And unfortunately, you're going to see more of this, right? Hopefully, the exchanges out there, they all have some kind of user protection fund. A lot of times, this is from like a it's a inside job, right? Like somehow someone on inside has a key or something.

13:39 But a lot of it now is just due to AI and how sophisticated they are and they're going to be finding exploits. And I've been saying this companies need to use utilize AI and try to patch their stuff. I do it all the time. I ask the latest and greatest AI to like look at all the security vulnerabilities or if we have any, you know, to kind of like try to stay ahead because these AI models are getting better and better.

14:08 Here's another one. I I never heard of this one. Crypto casino dual bit goes offline after a 7 million hot wallet hacks insist in a single Ethereum address. I don't know if they have protection. Probably not, but it's going to happen more and more. Self- custody is important even though a lot of people lose their money because they forget their recovery phrase or they put it somewhere they're not supposed to.

14:34 Um, so you just got to be careful with your own crypto. Try to protect it as much as possible. Yep. Outside of that, uh, I saw the CFTC is still continue to push forward. This is good. long term. They're telling firms, they're giving them the okay to invest in tokenized assets, which you know, a lot of chains like ETH and Salana are leading in and Salana's hiring a lot of ex Binance and ex Polygon veterans as they ramp up their tokenized push, right?

15:27 and Clash and Clash Pix and Clash Pad are all on top of Salana as well. All right, guys. Today, also doing well. Alts are doing very well. Bitcoin kind of stalled today, but that's okay. We'll let the alts have its day. And as for Clashpad, we have now given out 305 soul. People are telling me, people in Discord and just people in general are telling me they love the fact that they're just getting rewarded in soul.

16:15 like every few hours they see their wallet and they see soul deposited as rewards for holding some of our newest coins. Okay, GG is one of the OGs of Clashpad. Even though we've only been around for like four days, they're doing well. We got a couple boosted here, couple that's graduating. Obviously, a lot of things are still new, but doing well. Clash World, the official one.

16:50 I gave a preview in Discord yesterday, but it's going to be a lot better, has paid out 226 sold to holders. I mean, simply by holding something good on a platform, you get rewarded in soul. It's that simple. And we welcome anyone to launch their own creations, their own ideas, whether it's just for fun or a legitimate coin that you can use in your business or whatever.

17:21 Why not? All right, that's pretty much it. Let's do some kun. I got a new idea that I'm going to be pushing the Clash pad today. We already have our DJ pot, which is innovative. Right now there's no one in the pot, but we've been having a lot of rounds where basically people could pull in and it randomly buys a new token that we have in the platform and some people love it.

18:39 But I'm going to introduce something called Djen Buy and that's going to be really exciting. No one else has it. So what DJ buy is when you go ahead and create a coin, you can enable DJ buy. So, as a creator, you could still put in your first buy, but then you could set a time period like 6, 12, 24 hours where others can also put in their soul to buy with you.

19:12 So, they become like a co-founder and you could set a limit on how much you want to collect. Maybe you want overall to collect five soul or 10 soul or 50 soul, right? So as a creator, you're pulling in the money from others and then you guys and it launches as all of you guys as the founders. So I think that's really cool. You could get a huge push just from the amount of people that want to get in and if they like your idea, they can get in as co-founders, right?

19:50 And collectively you guys could pull your soul together as the first buys and you could you could graduate very easily and uh and get a lot of momentum that way. So that is going to be the next future for Clash Pad Den by which I think is cool. I don't no one else offers that. When will you come out of your games? What do you mean? What is games? We have launched or I have launched like seven games already.

20:44 Do you know about Clash World or what games are you referring to? It'll be a while. It'll be a while, Ray. Maybe not a while, but at least a few more weeks. Few more weeks. A month. Have I ever driven a GR86? Yes. It's underpowered and it's too small. Um the GR is um GR Corolla. Is that what they call it? It's not the Corolla R. It's just I forgot what it's called.

22:01 GR Corolla. I think that one is big and it's powerful and I like that a lot. And it's all-wheel drive, but if you're talking about the GR86, the smaller one, I'm not a fan of it. You think we'll get a dip for midterms? No, we will get a rally before midterms. We were in a dip already. No reason for another dip. See, fair. If if somehow people put my cars in that music video, that would be bad.

22:46 I wouldn't want that. So hopefully that's not the case. Why is it taking so long? Look at four hours fast. I don't know why 30 minutes take so long. The milkman. Good morning. Back at 84. I mean, the alts are just having a good day. Suie up 14%. XRP up 6%. So, up about 4 and a.5%. If you're looking at stocks, man, someone like Dell continue to do well.

23:54 Uh MU and AMD are doing well. AMD is their alltime high right now. They're just going nuts. It makes a lot of sense. Kind of missed out. I missed out on a bandwagon like down here. Okay. Where they were rallying and I should have just caught them. I'm like in hindsight. So so easy. Like outside Nvidia, who else is there? It's just AMD, right? But I did catch them like down here.

24:21 So I think they're gonna continue to do well. I mean, there's just there's there's no one else making GPUs if you think about it. It's just just like it's just common sense outside of Nvidia. Who else is making GPUs? Nobody other than AMD. So you just have a dualopoly basically. Um like literally there's no third place when it comes to GPUs. So obviously AMD is going to sell out and they're going to do well Zcash is still doing well and Zcash is Zcash is top 10 now.

25:34 Man, I can't believe that Zcash is sitting at number nine and Hyperliquid is at 11 or 10th, but minus stable coins. Wow. Zcash has gone up so much. 280% in the last 90 days. I can't believe it. Can't believe it. They went through this like a year last year where they rose up crazily and then fell down crazily like fell down like 70% or something and then and then they start going back up again.

26:13 Kind of nuts. Intel GPUs are garbage, man. Like they're not even considered GPUs. integrated GPUs. They have some acceleration like AI like dedicated GPUs are garbage. Software sucks. No one uses them. So, I don't even consider them a GPU maker. They're they're really still just a CPU maker. Sean says, "I'm in Canada. Remortgage one year at 6.3%." Why would you remortgage for one year at 6.3%.

27:11 That's I never heard of anyone remorggaging for one year. Canada makes you refinance mortgage every 5 years. That I don't that doesn't sound right. I don't know if that's right. I don't know if that's right at all. Got a good amount of people in here. Hopefully the Iran situation is going to be over. within a week then we could stabilize once again.

28:18 Have oil come down, have inflation come down, you know, we need to stabilize, right? It's one of the last things that's kind of holding us back. And if we get all this settled before midterms, then we can have a really good rally and then close out the year extremely strong. That's That's what we want. That's what we want. Every five years. Why would you need to refinance your mortgage every five years in Canada?

28:59 Tell me the logic in that. Sounds like Canada does need to become the 51st state. Like I don't I don't get that. If you don't need to re refinance, why would you need to Why do you need to be forced to refinance every 5 years? Renew. What What does renew mean? We do have to renew our mortgage. What does that mean, renew? If you have a like a 30-year mortgage, you got like 10 years left.

29:49 What do you mean you have to renew it? So, you have you can't have a 30-year mortgage. You can only have fiveyear mortgages. So, every five years, you renew the rates. Is that how it goes? Is that That would be That would be a really stupid mortgage setup, I guess. Then you can't lock in long term. You can't lock in like a 30-year at 2% or something or 3%.

30:27 Oh my god, that's horrible. That's horrible. See, this is what what happens when you have free healthcare. You have you have other things that suck. They have to make up for it somehow. The money has to come from somewhere. People only concentrate on free healthcare, but there's a lot of other stuff. GG is doing very good. Up 70% today. Up 70% from our community manager, Limbsanity, who only holds 1%.

31:15 really reasonable. And just by holding, you can see the holder count just keeps going up and up up slowly. Everyone that's holding gets some salt. You know that that's the thing. That's why it's different. That's why Clashpad is different. Everyone that holds gets rewarded rewarded and sold. And the platform has given out over 300. I think yesterday we were at like 230 or something.

31:46 So, we're almost on pace to give out a 100 soul every single day. Uh, that's kind of crazy you think about it. What is GG is just it's just a fun memecoin. There's only 43k market cap. I mean, that's that's kind of crazy. pretty low. You know, most most things open up really high, right? Like a lot of these hot memes, they open up, you see like 10 million or 100 million or whatever.

32:53 A lot of that is fake because the LP, the liquidity is so low, so the price just goes up a lot. So everything that launches here is actually pretty healthy. You got you got good opportunity to buy things really low. I have no doubt when true altcoin season does come, you're going to see one, two, or a few of these go skyhigh, including Clash World, which all this is to benefit Clash.

33:20 There's a big flywheel effect in place for Clash, which has been holding really well, too. And the fact that we survived crypto winter says something because so many projects, I'm talking about even billion dollar, multi-billion dollar projects that have died because of crypto winter. So the fact that we survived and we're doing well is a testament to the project and the holders and the community.

34:04 Yeah, still three five. Yeah, some of these they're just like out of nowhere. B3, I don't know who they are. Not an employment friend pet man. Most of these are new and no one has heard of them before but like near ethneia sui say chain link aerod drrome ando these are all good even snack is up the 48 million man can't wait until clash gets to a billion and it's on the top of the chart.

35:20 It's going to be amazing. I almost feel like people are selling off Bitcoin today to buy the alts. It's a weird day. You normally don't see Bitcoin down and alts up. Unless there's some kind of weird fake out that's building. But like today it almost feels like yeah, Bitcoin is actually coming down and being sold off because people are FOMOing into alts right now, which is weird and not normally normal and sometimes also a trap too.

36:20 Sometimes you see that and that's when everything comes down. So I don't know what the situation is today. Uh the fear and greed index is at 71 in greed. Bitcoin dominance is 61.2%. I don't think that has changed much. I wish I could hold mortgage at 2% for 30 years. Guess that's why we have free healthcare. Yeah, there's a tradeoff for everything. So, the money has to come from somewhere.

37:32 If you have to redo or renew your mortgage every five years, man, that's that's gonna suck. You got to do it now, it's gonna be six, seven, eight percent. So, I guess you're incentivized to pay off your house as fast as possible because it ain't going to go back down. uh not like how it was five years ago around COVID time or right afterwards when rates that were at zero and you can get a mortgage at you know some people have at 2 2.25 25 2.3 2.5%.

38:12 Those guys will never sell. Uh, how come near is flying today? No idea. When things fly normally, there's no reason for it other than just a whole bunch of whales are buying it. That's really it. Sometimes you have a piece of news that causes FOMO. Sometimes you have piece of news and it doesn't do anything. Honestly, don't try to look for a reason.

38:48 You shouldn't FOMO into something anyways just because it's up like 10% 20% in a day. You got to look at the fundamentals of why it's doing well. And if you believe in that and believe in what they're doing, then invest into it. But don't film in just because it's having a good day. Yeah, today's a good alt day. That's why alts are doing very very well despite the fact that Bitcoin is not.

39:33 So that's that's the thing. XRP is up six. Zcash is up six. Chainlink is up 12. Cardano's up four. Even Cardano's up. Stellar's up seven. Near protocol is 14. UniS swap seven. Canton's 12. Suie's up 13. Ando is up 11. I like Ando a lot. I think Ando should be a lot higher. The way they're leading tokenization, they should be a lot higher than number 44 right now.

40:17 Oh well. Zoom out a little bit. Yeah, if you're looking at Bitcoin, if it recovers back soon, the next big resistance is around 85, which we could crack that very fast. 874 and then after that 91 91 and then things will get really interesting after that. If you're looking at soul, the resistance, short-term resistance about 122, which makes sense. We just hit that.

41:31 Then 130 and 135. Man, when I started a clash, soul rallied up to 220 and things were very, very exciting then. I can't wait until soul and the whole ecosystem gets hot again. And for ETH next resistance is 20 279 base 2,800 and 2900. Not a huge jump not like Bitcoin. Bitcoin has a big jump to like 91. All righty. That's about it. Nothing else to talk about.

42:52 Yeah, I'm working hard on Clash World right now. making some big upgrades. I think it's gonna be fantastic. It's not going to be better than GTA 6. I have no aspirations for that. No way I could beat that. But once I could get all the visuals and the controls down, then I could work on how we're going to integrate crypto within, which is something GTA 6 is not doing, and also how to layer in AI as well.

43:23 So the two big things I think the two biggest opportunities that they're missing out on that will be in class world and I think it could be very very good even better than front line which there is actually a tournament tonight. Uh I made I made some improvements but I haven't deployed yet but I don't know if I should do that before the tournament. There is a tournament tonight.

44:03 Where do you buy Clash World? You could buy it anywhere that that has sold tokens. You could do it on Clashpad or you could do it straight from within your wallet. You could do it wherever. Copy right there. That's the contract address and get rewarded. There's only 464 wallets. Only 464. I figured it'll be a lot more than that. We got about 10,000 holders for Clash, but only 464 holders for Clash World, which is weird.

44:49 So, I guess most people just don't know about it yet. What happened to GG? They got It's not boosted anymore. Oh, there we go. It's It's starting to climb. 52K. Silverwolf is boosted. All right. All right, guys. Have a good one. Today is a weird day. Bitcoin is not rallying, but the alts are that could be a good thing. That means Bitcoin's next. Sometimes we have seen this where alts rally a lot then the money flows into Bitcoin.

45:44 So I'm hoping that isn't going to happen. Hoping the entire market, not just Bitcoin and alts, everything goes up as we finish out this month. We still got a few days left next week, but so far so good. All right, guys. Smash it a like, subscribe to the channel, go check out Clashpad and Ask Clash and everything else in the Clash ecosystem. All right, have a good one. Take care.